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Bitmine Immersion Technologies Increases ETH Holdings by 101,627, Total Stake Reaches 4.976M

GateNews
ethereum newsOn-Chain Data
ETH-1.74%
BTC-1.26%

Gate News message, April 20 — Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its ETH holdings by 101,627 tokens last week, bringing its total ETH position to 4,976,485 tokens.

The company’s broader crypto asset portfolio also includes 199 BTC, $107 million worth of Eightco Holdings equity, and $200 million in Beast Industries shares.

Bitmine’s staked ETH totals 3,334,637 tokens, valued at approximately $7.7 billion based on an ETH price of $2,301 per token.

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In-Depth Analysis

Bitcoin ETFs pulled in nearly $1 billion in a single week, setting the biggest weekly net inflow record since January

Gate Instant Trends04-20 12:40

BitMine’s quarterly net loss was $3.81 billion, with ETH’s unrealized losses accounting for 99%

Market Whisper04-16 07:01
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